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- randomperson replied Feb 11, 2010
TL breaks do not constitute the end of a trend. Often they give the best entries for trend continuation. I'd personally continue to short until a key level flips, which it hasn't yet.
Trend Trading All Pairs
- randomperson replied Feb 10, 2010
Wonderful thread, NM. I'm sure everyone will do well with your method. I have traded a very similar way in futures, albeit a different entry method, for quite some time with much success. Adding some forex diversification, was looking around and saw ...
Trend Trading All Pairs
- randomperson replied Sep 14, 2009
the few wealthy trades I know all trade like this, but do so via pyramid scale-in's with a predetermined max risk at an estimated bend level. in order to pyramid good bends at key s/r's, you need good capital. that's the catch.
Averaging Down with Support & Resistance